1497 Route31OxfordNJ07863
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No similar rental properties found nearby.
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oxford at 1497 Route31, Oxford, NJ, 07863 generates $0/mo in rent, after a $2,447/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.9% in year one, and rental yield is 0% on a $499,888 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,110 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07863, Oxford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,823 (100%) |
| Owner Occupied HU | 1,461 (80.1%) |
| Renter Occupied HU | 224 (12.3%) |
| Vacant Housing Units | 138 ( 7.6%) |
| Median Home Value | $342,288 |
| Average Home Value | $375,447 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,627
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Peter Kontrafouris • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3953344
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